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India-US shippers hit by three rounds of hefty rate hikes in January

2024-01-09 00:00

Indian shippers are getting flooded with general rate increase (GRI) and peak season surcharge (PSS) notices as container lines attempt to maximise pricing out of the troubled Red Sea waters.

MSC has just put out its third round of GRI and PSS plans for January, which together make up a total US$5,000-per-box increase for the month on the India-US trade.

The Geneva-based

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